Understanding ITT's Dividend Schedule and Recent Developments Before Jun 2, 2025
CashCowThursday, May 29, 2025 7:44 pm ET
1min readITT Inc. has announced a quarterly cash dividend of $0.351 per share with an ex-dividend date set for Jun 2, 2025. This dividend is consistent with the previous payment made on Mar 31, 2025, which also amounted to $0.351 per share. The announcement date for this upcoming dividend was May 1, 2025, and shareholders can expect to receive their payouts on Jun 30, 2025. Notably, the current dividend per share surpasses the average of the last ten dividends, which stood at approximately $0.281.
Recently, ITT Inc. has garnered attention with several key developments. As of late, analysts have raised the company's target price to $177, reflecting an optimistic outlook on its market performance. This adjustment followed a strategic partnership announcement between ITT Italia S.R.L. and Acciaieria Arvedi S.p.A., an Italian steel manufacturer, to supply Arvzero™, a green brake solution. This collaboration is anticipated to enhance ITT's offerings in sustainable technologies, aligning with current industry trends and environmental priorities.
In addition, ITT has demonstrated resilience despite external pressures. Over the past week, the company reported a significant 10.5% rise in share value, driven by strength in its CCT segment and recent acquisitions. While navigating currency fluctuations and increased costs, ITT's strategic endeavors continue to bolster its market presence and financial health. Analysts have highlighted ITT's growing returns on capital employed, underscoring stable capital management over the past five years, which supports the company's ongoing success and investor appeal.
Since the last update, ITT's upcoming ex-dividend date on Jun 2, 2025, marks a crucial opportunity for investors. This date is the last chance for stock purchases to qualify for the dividend payout on Jun 30, 2025. Any acquisitions made after Jun 2, 2025, will not entitle investors to partake in this dividend distribution.
Recently, ITT Inc. has garnered attention with several key developments. As of late, analysts have raised the company's target price to $177, reflecting an optimistic outlook on its market performance. This adjustment followed a strategic partnership announcement between ITT Italia S.R.L. and Acciaieria Arvedi S.p.A., an Italian steel manufacturer, to supply Arvzero™, a green brake solution. This collaboration is anticipated to enhance ITT's offerings in sustainable technologies, aligning with current industry trends and environmental priorities.
In addition, ITT has demonstrated resilience despite external pressures. Over the past week, the company reported a significant 10.5% rise in share value, driven by strength in its CCT segment and recent acquisitions. While navigating currency fluctuations and increased costs, ITT's strategic endeavors continue to bolster its market presence and financial health. Analysts have highlighted ITT's growing returns on capital employed, underscoring stable capital management over the past five years, which supports the company's ongoing success and investor appeal.
Since the last update, ITT's upcoming ex-dividend date on Jun 2, 2025, marks a crucial opportunity for investors. This date is the last chance for stock purchases to qualify for the dividend payout on Jun 30, 2025. Any acquisitions made after Jun 2, 2025, will not entitle investors to partake in this dividend distribution.
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